How Much Did Altech Raise?
Funding & Key Investors

Altech has recently secured a major strategic investment, adding to its total funding of $770K. This latest capital infusion, detailed as $420K, signifies a pivotal moment for the company, underscoring its strategic importance in its market sector. The company's financial trajectory indicates a significant growth phase, supported by this recent backing.

What is Altech?

Altech
ConstructionConstruction Management

Founded in May 1979 by Mr. Billy Roy, Altech, Inc. has evolved from a government construction contractor to a respected player in commercial, institutional, and industrial projects. Initially concentrating on government contracts at key military installations, the company earned accolades for its contributions, including an Administration's Award for Excellence from the U.S. Small Business Administration in 1993. Over the decades, under family leadership, Altech has expanded its scope while maintaining a core commitment to honesty, integrity, and customer satisfaction. This dedication to quality and hard work has cemented its reputation as a successful construction firm.

How much funding has Altech raised?

Altech has raised a total of $770K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$420K

Debt (2020): $350K with participation from PPP

Debt (2021): $420K led by PPP

Key Investors in Altech

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Altech?

The recent major enterprise-level funding and strategic investment signal Altech's readiness for accelerated expansion and market penetration. This capital injection is expected to fuel further development of its service offerings and potentially broaden its operational footprint. The company's established history and commitment to core values position it well to leverage this new financial backing for sustained growth and to solidify its competitive advantage in the construction industry.

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Frequently Asked Questions Regarding Altech Financial Insights

What are the most recent funding rounds that Altech has completed, and what were the funding rounds?
Altech has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Altech has raised to date?
Altech has raised a total of $770K in funding to date.
How many funding rounds has Altech completed?
Altech has completed 2 funding rounds.
How much funding did Altech raise in its most recent funding round?
Altech raised $420K in its most recent funding round.
Who are the lead investors in Altech's latest funding round?
The lead investor in Altech's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Altech's history?
The largest funding round in Altech's history was $420K.
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